9th Jun 2025 09:28
(Alliance News) - Pantheon Resources PLC on Monday announced two executive appointments as the company accelerates its transition from exploration to production and eyes a listing on an unnamed "senior" US exchange.
The oil and gas explorer in the North Slope of Alaska said Tralisa Maraj will become chief financial officer on July 14, replacing Phil Patman. Pantheon said Maraj brings over 25 years of experience, including CFO roles at Canadian-listed CGX Energy Management Corp and US-listed LiveWire Group Inc. She is a UK chartered accountant and a licensed CPA in Texas.
Erich Krumanocker was named chief development officer, succeeding Bob Rosenthal, who is set to retire after the company's board meeting on June 13. Erich joins Pantheon most recently from Microsoft Corp.
Chief Executive Officer Max Easley said: "We are delighted to welcome Tralisa and Erich to the Pantheon Executive Team. They will be key in enacting our pivot from a world-class exploration and appraisal team to an equally successful development and operations team."
Chair David Hobbs thanked outgoing CDO Bob Rosenthal for his decades-long contribution to Pantheon and predecessor companies, noting his leadership in identifying and appraising the Ahpun and Kodiak fields, now certified to hold 1.6 billion barrels of crude and 6.6 trillion cubic feet of gas.
The new executives will receive a one-off grant of 375,000 restricted stock units under Pantheon's employee share ownership plan and 750,000 share options, with further awards to follow under standard executive terms. Neither role will be a board position, in line with US corporate governance practices.
Shares in Pantheon Resources were up 2.0% at 26.15 pence in London on Monday morning.
By Eva Castanedo, Alliance News reporter
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